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19 Apr 2026
Robust Marketing Services Private Limited has created a pledge over 2,48,000 equity shares of deepak fertilisers & petrochemicals And Petrochemicals Corporation Limited (DFPCL) in favour of Bajaj Finance Limited. The disclosure was made under Regulation 31(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, dated 16th April 2026.
Pledge Details and Background
The pledged shares represent 0.1965% of DFPCL's total paid-up share capital. The pledge was executed on 10th April 2026 as part of security arrangements for a loan facility. SCM Growth LLP had availed a loan facility from Bajaj Finance Limited for subscribing to Compulsorily Convertible Debentures (CCDs) issued by Deepak Mining Solutions Limited, which is a 100% subsidiary of the listed company DFPCL.
Parameter: Details Shares Pledged: 2,48,000 equity shares Percentage of Capital: 0.1965% Pledge Date: 10th April 2026 Beneficiary: Bajaj Finance Limited Type of Encumbrance: Pledge
Promoter Holdings and Encumbrance Status
Robust Marketing Services Private Limited holds 1,10,67,301 equity shares in DFPCL, representing 8.77% of the total share capital. Following this transaction, the company's total encumbered shares have increased to 31,53,000 shares, representing 2.498% of the total share capital.
Promoter Entity: Total Holding Holding % Encumbered Shares Encumbrance % Robust Marketing Services Pvt Ltd: 1,10,67,301 8.77% 31,53,000 2.498% Nova Synthetic Private Limited: 4,35,92,875 34.53% N.A N.A Sofotel Infra Private Limited: 19,41,546 1.54% N.A N.A Deepak Chimanlal Mehta: 8,78,913 0.70% N.A N.A
Security Arrangement Structure
The pledge was created to ensure adequate minimum security cover as required under the loan agreement, particularly given volatile market conditions. Out of the total 31,53,000 encumbered shares held by Robust Marketing Services, 23,53,000 shares are pledged in favour of Bajaj Finance Limited, while 8,00,000 shares are pledged in favour of Tata Capital Limited.
Regulatory Compliance
The disclosure was made in compliance with SEBI Master circular dated February 16, 2023, bearing reference number SEBI/HO/CFD/PoD-1/P/CIR/2023/31. The communication was addressed to both BSE Limited and National Stock Exchange of India Limited, where DFPCL shares are listed under codes 500645 and DEEPAKFERT respectively. The disclosure was signed by Sailesh Chimanlal Mehta, Director of Robust Marketing Services Private Limited, with DIN: 00128204.
Deepak fertilisers & petrochemicals Corporation Limited has issued clarifications to both the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE) regarding notable surges in trading volume of its securities across exchanges. The company has responded to surveillance inquiries from both exchanges, with the latest response addressed to BSE dated April 16, 2026.
Regulatory Compliance Confirmation
The company emphasized its strict adherence to regulatory disclosure requirements in its communications to both exchanges. Key compliance aspects highlighted include:
Compliance Parameter: Company Response SEBI Regulation 30 Compliance: Strictly complying with provisions Disclosure Timeline: All relevant disclosures filed within stipulated time Pending Information: No pending information affecting price/volume behavior Material Announcements: All required disclosures made as and when required
BSE Volume Movement Inquiry
BSE Surveillance Department contacted the company on April 16, 2026, noting a significant increase in the volume of the company's security across exchanges. The exchange requested information about any pending announcements or developments that may have influenced the price or volume behavior of the stock. The inquiry was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Company's Position on Volume Movement
Deepak Fertilisers clarified that it has no specific comments regarding the volume movement of its securities, attributing the activity to market-driven factors. The company confirmed in both responses that there is no undisclosed information or pending announcements that could have influenced the recent price or volume behavior of its stock.
Communication Details
Both clarifications were signed by Rabindra Purohit, VP – Legal, Compliance & Company Secretary, and were digitally authenticated. The BSE response was submitted on April 16, 2026, following the exchange's request for clarification by 3:30 PM on the same day. The communications were addressed to surveillance departments of both NSE and BSE, ensuring comprehensive regulatory coverage.
Regulatory Framework Reference
The company's responses specifically reference SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, under Regulation 30, which governs the disclosure of material events and information by listed companies. This regulation ensures that investors have access to material information that could impact their investment decisions.
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